Country comparison

Germany vs Australia: startup funding compared

Since 2 June 2025, startups in Germany raised $11.9B across 332 rounds, 2.5 times Australia's $4.7B.

$11.9BCapital raised$4.7B
332Rounds113
$6.7MMedian round$6.4M
1.7%Share of all capital0.7%
70%Early-stage rounds58%

Capital raised running total by month

$11.9B$6B Germany, end of Jun 25: $1.4BGermany, end of Jul: $2BGermany, end of Aug: $2.2BGermany, end of Sept: $2.4BGermany, end of Oct: $3.1BGermany, end of Nov: $3.5BGermany, end of Dec: $3.9BGermany, end of Jan 26: $4.6BGermany, end of Feb: $4.9BGermany, end of Mar: $5.3BGermany, end of Apr: $5.5BGermany, end of May: $5.6BGermany, end of Jun: $7.9BGermany, end of Jul: $10.4BGermany, end of Aug: $10.6BGermany, end of Sept: $11.4BGermany, end of Oct: $11.6BGermany, end of Nov: $11.9BAustralia, end of Jun 25: $55.3MAustralia, end of Jul: $97.6MAustralia, end of Aug: $208MAustralia, end of Sept: $214MAustralia, end of Oct: $390MAustralia, end of Nov: $779MAustralia, end of Dec: $779MAustralia, end of Jan 26: $1.1BAustralia, end of Feb: $1.3BAustralia, end of Mar: $1.6BAustralia, end of Apr: $2.2BAustralia, end of May: $2.3BAustralia, end of Jun: $2.6BAustralia, end of Jul: $2.6BAustralia, end of Aug: $4.7BAustralia, end of Sept: $4.7BAustralia, end of Oct: $4.7BAustralia, end of Nov: $4.7B Jun 25SeptDecMarJunSept
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Where the money goes share of capital by sector

Germany

  • AI42%$5B
  • Robotics & Hardware28%$3.4B
  • Climate & Energy11%$1.4B
  • Health5%$613M
  • Fintech5%$592M
  • Enterprise software4%$525M

Australia

  • AI70%$3.3B
  • Fintech9%$399M
  • Other5%$236M
  • Climate & Energy5%$218M
  • Enterprise software4%$180M
  • Robotics & Hardware4%$173M

Biggest rounds

Stage mix share of rounds

GermanyAustralia
51%Pre-Seed and Seed39%
20%Series A19%
7%Series B7%
3%Series C and later8%
20%Other or undisclosed27%

Most active investors rounds joined

InvestorGermanyAustralia
High-Tech Gründerfonds38·
Bayern Kapital20·
Antler96
HV Capital14·
Cherry Ventures13·
IBB Ventures12·
NRW.BANK11·
General Catalyst10·
UVC Partners10·
D11Z.Ventures8·
Investible·8
Y Combinator8·

Startup hubs rounds and capital by city

Germany

  • Munich81$5.5B
  • Berlin117$2.8B
  • Freiburg3$307M
  • Stuttgart6$291M
  • Hamburg15$252M
  • Eresing1$175M

Australia

  • Sydney36$2.4B
  • Melbourne25$336M
  • San Francisco1$320M
  • Launceston1$69.7M
  • Brisbane4$64.3M
  • New York2$56M

Latest rounds

Questions

Which country raised more startup funding, Germany or Australia?

Germany. Since 2 June 2025, startups in Germany raised $11.9B across 332 rounds, against $4.7B across 113 rounds in Australia, 2.5 times more. That is 1.7% and 0.7% of all the capital FundraiseBase tracked worldwide over the period.

How many startup funding rounds were announced in Germany and Australia?

332 rounds in Germany and 113 rounds in Australia since 2 June 2025, about 18 and 6 a month.

Are startup rounds bigger in Germany or Australia?

The median round is $6.7M in Germany and $6.4M in Australia, and the average round $35.9M and $41.5M. The median shows the typical round; the average is pulled up by a few very large ones.

What is the biggest startup round in Germany?

The biggest startup rounds in Germany since 2 June 2025 are Helsing ($1.8B, Series E, 13 Jul 2026), Neura Robotics ($1.4B, 10 Jun 2026) and Helsing ($694M, Series D, 16 Jun 2025).

What is the biggest startup round in Australia?

The biggest startup rounds in Australia since 2 June 2025 are Firmus ($2B, 7 Aug 2026), Firmus Technologies ($505M, Growth, 6 Apr 2026) and Firmus Technologies ($326M, 14 Nov 2025).

Which sectors attract the most startup funding in Germany and Australia?

In Germany, AI ($5B, 42% of the capital), Robotics & Hardware ($3.4B, 28%) and Climate & Energy ($1.4B, 11%) lead. In Australia, AI ($3.3B, 70% of the capital), Fintech ($399M, 9%) and Climate & Energy ($218M, 5%) lead.

Is Germany or Australia better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 70% of rounds in Germany and 58% in Australia. Germany recorded 169 Pre-Seed or Seed rounds and Australia 44 Pre-Seed or Seed rounds, with a median of $3.8M and $1.9M.

How much growth funding (Series B and later) goes to Germany and Australia?

Startups in Germany raised $5.6B in 32 Series B or later rounds, 47% of the country's capital. In Australia, $1B in 17 rounds, 22% of the capital.

Who are the most active startup investors in Germany?

High-Tech Gründerfonds (38 rounds, 16 led), Bayern Kapital (20 rounds, 2 led) and HV Capital (14 rounds, 6 led) are the most active investors in Germany.

Who are the most active startup investors in Australia?

Investible (8 rounds, 2 led), EVP (6 rounds, 2 led) and Antler (6 rounds, 2 led) are the most active investors in Australia.

Which investors back startups in both Germany and Australia?

15 investors joined rounds in both countries. The most active: Antler (9 in Germany, 6 in Australia), Accel (5 in Germany, 1 in Australia), Headline (3 in Germany, 1 in Australia), NVIDIA (2 in Germany, 2 in Australia) and QED Investors (2 in Germany, 2 in Australia).

Which cities lead startup funding in Germany and Australia?

Munich leads Germany with $5.5B across 81 rounds, ahead of Berlin ($2.8B). Sydney leads Australia with $2.4B across 36 rounds, ahead of Melbourne ($336M).

Which month brought the most startup funding?

In Germany, July 2026 ($2.5B). In Australia, August 2026 ($2.1B).

How much did startups in Germany and Australia raise in the last 90 days?

In the 90 days to 12 Nov 2026, startups in Germany raised $1.4B across 43 rounds and in Australia $94.1M across 6 rounds.

Where does this data come from?

FundraiseBase lists startup funding rounds from public announcements: press releases, company posts and news coverage, checked and updated every day. Amounts are in US dollars. Some rounds are never announced, so the figures show what was made public, not every round. Corrections are welcome.

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